Max Levchin Shares Views on Current Point of Sale Finance Market

Max Levchin spoke with CNBC and provided some updates on the company; he believes the government has been under-hyped when it comes to supporting consumers; Affirm has been working on better understanding their customers during this time; One of the benefits is they have 8 years of history with their customers; the company has never charged late fees during that time which this has resulted in a lot of goodwill for the 5.5 million Americans that Affirm touches; they have seen a massive shift from offline to online, with demand up 300 or 400% in some categories; some areas which have seen triple digital increases are home fitness and home office; Affirm is using this information to help them determine areas which are crisis resilient; they are also looking at how the stimulus is playing a factor and other ways consumers are changing spending habits; he also shares how they think about their balance sheet in this YouTube video. Youtube

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.